Property
Newark, DE 19711 68 Ray Street
$675,000
0 more
Presented By: Zommick McMahon Commercial Real Estate
Beds • 5- Baths • 2
- SQFT • 1,125
Beds • 5
Baths • 2
SQFT • 1,125Home Details
STUDENT RENTAL - 5 bed, 2 full bath single-family home, 2,250 SF, built 1963, on 0.36 acres. Currently leased at $4,500/month ($54,000/year), 100% occupied. Part of an 8-property student rental portfolio near University of Delaware; price subject to adjustment if sold separately from portfolio.
Presented By: Zommick McMahon Commercial Real Estate
Interior Features for 68 Ray Street
Bedrooms
Main Level Bedrooms5
Total Bedrooms5
Bathrooms
Bathrooms Half Main Level0
Half Baths
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area1125
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeLower Floor
Window FeaturesEnergy Efficient
General for 68 Ray Street
AccessibilityNone
Architectural StyleRaised Ranch/Rambler
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
CityNEWARK
Condo/Coop Association fee Y/NNo
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountyNEW CASTLE
Directions68 Ray Street
Electric200+ Amp Service
Facing DirectionSouth
Full Baths2
Garage Y/NNo
HOANo
HeatingForced Air
Legal SubdivisionNEWARK HOUSING ASSOC
Levels2
Living Area1125
Lot Size Square Feet15682.00
Lot Size UnitsSquare Feet
MLS AreaNewark/Glasgow (30905)
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG600.0
Property ConditionGood
Property TypeResidential
RoofAsphalt
School DistrictCHRISTINA
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusComing Soon
StatusCOMING SOON
Structure TypeDetached
Subdivision NameNEWARK
Tax Annual Amount3465.0
Tax Assessed Value307100.0
Tax Lot139
Tax Year2025
Total Actual Rent54000.00
Total SQFT1125
UtilitiesNatural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1963
Year Built SourceEstimated
Zoning18RD
Exterior for 68 Ray Street
Foundation DetailsPermanent
Land Assessed Value82100.00
Land Use Code
Lot Dimensions69.40 x 255.00
Lot Size Acres0.36
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDriveway, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Monica Henriques
Real Estate Agent